Loan Service Charges
Loan Service Charges w.e.f 01/04/2017
No. Type / Nature of Service Service Charges
1.1 Loan Processing Charges 1. For All Loans - 0.5 % of Loan Amount (maximum Charges Rs.5,00,000/-
2. For ad hoc limit – 50% of Processing Charges amount.
1.2 For Cash Credit Accounts Only Renewal 0.25 %
For Additional Limit 0.50% of additional limit
2 Loan Form Fee  
  For Salaried Persons Rs.300-/
  For Others Rs.500/-
    No Form Fees for ad hoc limit and Preliminary Acceptance
3 Charges for balance exceeding sanctioned limit. Applicable Interest Rate + 3.0%
4 Loan Proposal Preliminary Acceptance Up to Rs. 50 Lacs – NIL For 50 lacs & above 0.05% (Maximum Rs.10,000/-)
If the proposal is accepted these charges will be adjusted in Processing Fees.
If the proposal is rejected these charges will not be refunded.
5 Bank Guarantee Charges  
5.1 Bank Guarantee Processing Fee  
  For Deposit Margin 25% 50 % of Loan Processing Fees
  For Deposit Margin 50 % 25 % of Loan Processing Fees
  For Deposit Margin 100% 10 % of Loan Processing Fees
  If B.G. is issued through other bank, charges of Issuing bank will also be applicable.
5.2 Bank Guarantee Commission  
  For Deposit Margin 25 % 3 % p.a.
  For Deposit Margin 50 % 2 % p.a.
  For Deposit Margin 100% 1 % p.a.
  Commission of full period (including claim period) will charged at the time of issuing B.G.
6 GOLD LOAN Charges  
6.1 Gold Loan Processing fees Rs. 50/-for Principal Amt up to 1 Lac
Rs. 100/-for Principal Amt above 1 Lac
Gold Valuation charges as applicable
6.2 Gold Loan Custody Charges (Quarterly)  
    Rs. 100/- up to Rs. 50,000/-
    Rs. 300/- From Rs. 50,001/- to 1,00,000/-
    Rs. 500/- From Rs. 1,00,001/- to 5,00,000/-
    Rs. 1,000/-above 5,00,000/-
  Custody charges will be applicable per quarter and part thereof

Bank has right to apply custody charges based on the Gross Weight of the Gold pledged.

7 Letter of Credit (L.C.)  
7.1 L.C. Amendment Charges Foreign L.C. Rs. 1,000/- per amendment +Charges of agency bank
Inland L.C. Rs. 500/- per amendment + Charges of agency bank
  If L.C. is issued through other bank, charges of Issuing bank will also be applicable. + Rs. 500/- handling
7.2 L.C. Confirmation Charges At site L.C.0.15 %Min. Rs. 500/-
L.C. Up to90 days period 0.15 % Min. Rs. 500/-
L.C. above 90 days period 0.65 % Min. Rs. 500/-
Telex / Postage etc. at actual./td>
  If L.C. is issued through other bank, charges of Issuing bank will also be applicable.
8 Bill Discounting  
8.1 Document Handling Charges Rs. 2,500/- per bill
8.2 Overdue Interest Overdue interest will be charged at 3 % p.a. If the bill is not paid on due date. This is applicable to Demand / Usance Bills negotiated under LC Opened by the Branch.
9 Solvency Certificate 0.25 % of the Certificate Amount maximum Rs.5,000/- Per copy. For Extra Copy Rs. 500\-
** For Capacity Certificate issued for educational purpose – Rs. 1,000/- per copy. Rs. 100/- for extra copy.
10 Prepayment charges For Cash Credit account, charges will be applied on sanctioned amount. And for term loans charges will be applied on debit balance.
No prepayment charges for Housing Loans
1)Commercial loan of Rs. 5 lacs or above taken over by other bank.
2) Loan repaid before completion of half sanctioned period.

In these two cases Prepayment Charges are 1 %. Maximum amount of charges Rs. 10 lacs.
11 If any loan proposal for Rs. 50\- Lacs & above is get rejected, due to any reason 0.05% of Proposal Amount and Maximum Rs. 10,000/
12 Charges for copy of loan documents. On written demand xerox / typed certified copy of the document will be provided. Charges Rs. 10/- per page
13 Legal Charges All expenses towards Property Title search report / legal opinion / all types of registrations etc. are to be paid by applicant.
14 Insurance Customer should buy Comprehensive Insurance Policy on total value of any movable / immovable asset which is a Primary security or Collateral security.
Such policy should be assigned in the name of bank. If the customer fails to do so, bank will buy Comprehensive Insurance Policy (without any legal responsibility ) and premium of said policy will be charged to Loan or CC account.
15 Stamp Dut Stamp duty for all loan documents will be applicable according to provisions in the Stamp Act
16 CERSAI Charge To register charge on all securities with CERSAI Rs. 200/- up to Rs. 5 Lacs & Rs. 400/- above 5 lacs.
In case of equitable mortgage additional charges for Notice of Intimation, Filing Fees and Document Handling Fee will be applicable as per Government Rules.
17 Valuation Charges As and when required, valuer from the panel of bank will valuate the asset. The charges to borne by the customer. In case of paper security like LIC / NSC etc applicable charges will be paid by customer.
In case the value of asset is more than 10 crores the same will be valuated by two valuers. Expenses of both valuers to be borne by customer. Charges for preparation of Feasibility Report (if required) to be borne by customer.
18 Changes in sanction letter If customer requests in writing to change any matter in sanction letter – Rs. 500/- for each change
19 Rate of Interest Bank holds the right to change the rate of interest without any Prior notice.
When the rate of interest is changed installment amount and or number of installments will change. Customer will have to pay such interest or installment.
20 Penal Interest / Charges If the Installment / Interest is not paid in time, addition penal interest will be charged @2%. In Such cases Notice Charges are also applicable
21 Rights of the Bank Bank holds the right to Accept or Reject any Loan Proposal. Bank holds the rights to Add/Change/Modify/Delete any charges, fees, expenses, interest Rates, Terms & Conditions without any prior notice. There will be no rebate in any charges mentioned in the accompanying loan with the Interest Subsidy Granted.
22 Jurisdiction This Charges are subject to Pune Jurisdiction Only.
*** The Above charges are subject to Revision in Service Tax / GST or any other Act being in force.